MSA Safety Achieves Milestone with 55 Years of Dividend Growth
In a remarkable continuation of its commitment to shareholders, MSA Safety Incorporated (NYSE: MSA) has officially recognized its
55th consecutive annual dividend increase. This significant achievement not only underscores the company’s robust performance over the years but also reflects its strategic focus on maintaining shareholder returns amidst evolving market conditions.
On May 2, 2025, MSA's Board of Directors approved an increase in the quarterly dividend from
$0.51 to $0.53 per share, marking a
4% rise in the quarterly dividend. Additionally, this adjustment signifies a
5% annual increase in dividends per share compared to 2024, a positive indicator of the company's financial resilience and operational strategy. The new dividend will be payable on
June 10, 2025, to shareholders on record as of
May 15, 2025.
Elyse Brody, interim Chief Financial Officer at MSA Safety, expressed optimism about the company’s balanced capital allocation strategy, stating: "We are pleased to fund our 55th consecutive annual dividend increase. With robust free cash flow generation, we are focused on investing in growth programs that align with our Accelerate strategy. Our strong balance sheet positions us well to execute this growth strategy while delivering on our longstanding commitment of returning value to shareholders."
Moreover, the Board also declared a dividend of
$0.5625 per share on preferred stock, scheduled for payment on
June 1, 2025.
A Legacy of Commitment to Safety and Innovation
Founded in 1914, MSA Safety has established itself as a
global leader in advanced safety products and technologies, devoted to safeguarding workers and facility infrastructure around the world. The company operates across a diverse array of markets, ensuring that it is well positioned to adapt to challenges while continuing to create value for its stakeholders.
In 2024 alone, MSA Safety reported revenues of approximately
$1.8 billion and employed over
5,000 associates across more than
40 international locations. It’s a testament to the company's long-standing mission to deliver innovative safety solutions, protecting those who safeguard our communities and environments.
As MSA Safety celebrates this milestone, it strengthens its resolve to expand its safety innovations, ensuring that their offerings remain at the forefront of industry standards. Investors and stakeholders alike can look forward to what the future holds for MSA Safety underpinned by its commitment to safety, responsibility, and shareholder value.
For more information on MSA Safety and their products, or to keep track of their latest news and developments, visit their official website at
www.MSASafety.com.